The Value of Debt

A New York Times bestseller and one of the Ten BestBusiness Books of 2013 by WealthManagement.com, this bookbrings a new vision of the value of debt in the management ofindividual and family wealth In this groundbreaking book, author Tom Anderson argues that,despite the reflex aversion most people have to debt--anaversion that is vociferously preached by most personal financeauthors--wealthy individuals and families, as well as theirfinancial advisors, have everything to gain and nothing to lose bylearning to think holistically about debt. Anderson explains why, if strategically deployed, debt can be ofenormous long-term benefit in the management of individual andfamily wealth. More importantly, he schools you in time-testedstrategies for using debt to steadily build wealth, to generatetax-efficient retirement income, to provide a reliable source offunds in times of crisis and financial setback, and more. * Takes a "strategic debt" approach to personal wealthmanagement, emphasizing the need to appreciate the value of"indebted strengths" and for acquiring the tools needed to takeadvantage of those strengths * Addresses how to determine your optimal debt ratio, or yourdebt "sweet spot" * A companion website contains a proprietary tool for calculatingyour own optimal debt ratio, which enables you to develop apersonal wealth balance sheet Offering a bold new vision of debt as a strategic asset in themanagement of individual and family wealth, The Value ofDebt is an important resource for financial advisors, wealthyfamilies, family offices, and professional investors.